Palestinian Territory Real GDP Growth
The Gross Domestic Product (GDP) in State of Palestine (West Bank and Gaza) contracted 4.9 % YoY in Mar 2020, following a growth of 2.6 % in the previous quarter. Real GDP Growth YoY data in State of Palestine (West Bank and Gaza) is updated quarterly, available from Jun 2011 to Mar 2020, with an average rate of -0.1 %. The data reached an all-time high of 8.8 % in Dec 2014 and a record low of -11.2 % in Sep 2014. CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Palestinian Central Bureau of Statistics provides Real GDP in USD, at 2015 prices.
In the latest reports, Nominal GDP of State of Palestine (West Bank and Gaza) reached 4.2 USD bn in Mar 2020. Its GDP deflator (implicit price deflator) increased 5.7 % in Mar 2020. GDP Per Capita in State of Palestine (West Bank and Gaza) reached 3,640.1 USD in Dec 2019. Its Gross Savings Rate was measured at 14.7 % in Mar 2020.
View Palestinian Territory's Real GDP Growth from Jun 2011 to Mar 2020 in the chart:
What was Palestinian Territory's Real GDP Growth in Mar 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -4.9 Mar 2020 | 2.6 Dec 2019 | -11.2 Sep 2014 | 8.8 Dec 2014 | % | quarterly | Jun 2011 - Mar 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.3 2019 | yearly | 2010 - 2019 |
| Consolidated Fiscal Balance (USD mn) | -384.400 2019 | yearly | 2010 - 2019 |
| Tax Revenue (USD mn) | 3,251.600 2019 | yearly | 2010 - 2019 |
| Tax Revenue: % of GDP (%) | 19.1 2019 | yearly | 2005 - 2019 |
| Government Debt: % of GDP (%) | 68.3 Mar 2020 | quarterly | Dec 2010 - Mar 2020 |
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